Strategy, the world’s largest corporate holder of Bitcoin, announced that it purchased another $1 billion worth of Bitcoin on Sunday, Sunday, June 15, 2025., amid the tensions in the Middle East, including an Israeli strike on Iranian nuclear sites.
According to the founder, Micheal Salyor on X, Strategy bought 10,100 Bitcoin at an average price of $104,080 per coin, after Bitcoin dropped from $110,000 to a low of $103,639 during the same week. The software company now has a total Bitcoin stash of around 592,100 BTC. This is worth over $64 billion at the current rate.
This is Strategy’s second purchase this month. It has spent roughly $41.8 billion so far to build this holding, at an average of $70,666 per coin. Moreover, this new buy came just days after the company launched trading of its third Bitcoin-backed preferred stock, STRD, on the Nasdaq.
According to the announcement, Strategy funded the bulk of the purchase using proceeds from the STRD offering. The 10% Series A Perpetual Stride Preferred Stock was issued at $100 per share, raising around $979.7 million after costs.
The company also used funds from other share sales, including those from STRK and STRF preferred stock classes. The company used all of this money to buy more Bitcoin.
Strategy’s Bitcoin investment has gone up 19.1% this year. That’s up from 17.1% after its last buy on June 9. The company now hopes to reach a 25% gain by the end of the year. Back in May, Strategy raised this target from its original goal of 15%. For the current quarter, the investment is up 7.4%.
Meanwhile, Metaplanat, another Bitcoin Holding firm based in Japan announced just a few hours before Strategy that it also added 1,112 BTC worth $117.2 million to its holdings, This makes it a total of 10,000 BTC, which is the firm’s target for the year.
Saylor took to X to congratulate Metaplanet for the achievement. “Congratulations to @Gerovich , @DylanLeClair_ , and the entire $MTPLF team and shareholder community” he wrote.
As of the time of writing this report, Bitcoin is holding steady at around $107,700. This is a 2% increase over the last 24 hours, and it is gradually recovering since it hit its all-time high of $111,000 on May 22.
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